The bid team looking to bring a Grand Prix to Cape Town's streets say they have the backers willing to invest the R1 billion needed to host the event, but cannot move ahead unless they get the national government's official seal of approval.

In a move to confirm ownership to recipients of the city's subsidised (RDP) housing, mayor Patricia de Lille has asked the Human Settlements Department to fast-track the transfer of 3 000 outstanding title deeds to beneficiaries.

Cape Town residents have questioned the legality of environment and planning MEC Anton Bredell's decision to extend the validity of a rezoning decision to make way for a shopping mall and taxi rank at Princess Vlei.

The government will have to cough up an extra R30 million for land bought by the Department of Rural Development and Land Reform because it failed to pay for the land on time, racking up a bill of R85 000 a day in interest.